May 2014 Issue

A driver services deal was the first in Ontario to involve the provision of services and the assumption of market demand risk

UK listed infrastructure funds have enjoyed strong tailwinds in recent years. Tom Skinner of Dexion Capital investigates whether investors should now be cautious in a more challenging environment

With a couple of large projects under way, new enabling legislation and a pro-P3 Governor, Florida holds a lot of promise. But the pace of deals has been sedate so far. Kalliope Gourntis reports

Large investors looking for equity ownership in infrastructure projects often have trouble sourcing deals within the Canadian market. But for smaller investors, opportunity beckons. Joel Kranc reports

The Australian rolling stock deal was not only big, but also bursting with innovation

Mexico is an energy market with huge potential. Turning that potential into reality is a tough task, but GESR shows what can be done

Round 2 of South Africa’s REIPPP scheme represented a vital transition from government support to competitive bidding in the renewable energy sector

The North Tarrant Express project showed public and private sides in the US working in harmony, on both project delivery and financing

Mexico showed pipelines could be successfully project financed with a flexible approach to risk

An unwrapped PFI brought back happy memories of what used to be possible, and showed European investors cosying up to greenfields

A new platform bringing together banks and institutional investors achieved its first application through a prison PPP

Upheaval in Crimea has shone a spotlight on the fragility of infrastructure investments when political crises erupt. Mark Thomas of Lockton Companies examines the consequences.

Construction risk remains front of mind for many institutional investors. Matthieu Favas finds out why they are getting increasingly comfortable with it.

We take a look at the key public-private partnership developments from around the world over the last month.

Deals such as SH 99 and Porterbrook suggest the energy trend may be bucked.

Jim Flaherty, Canada’s former Finance Minister, contributed much to the development of infrastructure in the country.

The republic has appointed a head for its new infrastructure Centre of Excellence.

Pending legislation in Maryland’s General Assembly might create a new risk category for P3s.

Infrastructure and real estate development are more closely linked than may previously have been imagined. Kalliope Gourntis reports on the findings of a new survey.

An investigation triggered by the regulator will cloud investment in the UK with further uncertainty.

London Mayor Boris Johnson is reported to have his sights on an infrastructure brief next year.

Americans are being asked to write cheques for clean energy in a move bringing back memories of the two World Wars.

The lane closure scandal has now extended to the Goethals Bridge and other projects as well as the resignation of the Port Authority chairman.

How structuring innovation enabled an institutional investor to join the game from the beginning

Credit enhancement from the European Investment Bank was in the realm of theory until a certain Spanish deal made it reality

Andrew Day joined Australia’s Hastings Funds Management two years ago with the aim of spearheading the firm’s growth on the international stage. He provides Andy Thomson with a progress update

Our first ever banking awards helped us to appreciate the effort and sophistication that is moulding the infrastructure financing market of the future

By gathering together global pension heavyweights, OMERS’ Global Strategic Investment Alliance aims to punch above its weight. In the first of a new series looking at the some of the world’s most innovative investment platforms, market sources tell Matthieu Favas why the Alliance risks falling short of its ambition

Think a mega-sized infrastructure project is simply a bigger version of a commonplace project? Think again. Christopher Dann of Strategy& explains why you need to be prepared for every eventuality

Elizabeth Stephens of JLT Specialty explains how varying strategic approaches to risk are required at different stages of a project’s life cycle